Stocks are falling this morning as Facebook drags down the Nasdaq. Newell brands gets a lift from Carl Icahn's success, while reports Apple will build its own screens takes down shares of screen makers.

"While it's background noise for investors in the near-term, with the News Feed overhaul and other actions that Facebook has implemented over the past few months, its clear with more 'heat in the kitchen from the Beltway' that further modest changes to their business model around advertising and news feeds/content could be in store over the next 12 to 18 months," analyst Daniel Ives wrote.